| Product Code: ETC5251568 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Maldives building construction import shipments in 2024 were primarily sourced from the UAE, India, Sri Lanka, China, and Morocco. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry exhibited strong growth with a Compound Annual Growth Rate (CAGR) of 13.8% from 2020 to 2024. However, there was a slight decline in the growth rate from 2023 to 2024 at -12.87%, suggesting a potential slowdown in the market. The continued reliance on imports from key countries highlights the importance of these trade relationships for the construction sector in the Maldives.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Maldives Building Construction Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Building Construction Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Building Construction Market - Industry Life Cycle |
3.4 Maldives Building Construction Market - Porter's Five Forces |
3.5 Maldives Building Construction Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Maldives Building Construction Market Revenues & Volume Share, By Construction Type, 2021 & 2031F |
3.7 Maldives Building Construction Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Maldives Building Construction Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Maldives Building Construction Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing tourism industry leading to demand for hotels, resorts, and other infrastructure. |
4.2.2 Government focus on infrastructure development to support economic growth and urbanization. |
4.2.3 Growing population and urbanization driving demand for residential and commercial buildings. |
4.3 Market Restraints |
4.3.1 Limited availability of skilled labor and expertise in the construction industry. |
4.3.2 Dependency on imports for construction materials due to limited local production capacity. |
4.3.3 Vulnerability to natural disasters and climate change impacting construction projects and timelines. |
5 Maldives Building Construction Market Trends |
6 Maldives Building Construction Market Segmentations |
6.1 Maldives Building Construction Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Building Construction Market Revenues & Volume, By Residential, 2021-2031F |
6.1.3 Maldives Building Construction Market Revenues & Volume, By Non-residential, 2021-2031F |
6.2 Maldives Building Construction Market, By Construction Type |
6.2.1 Overview and Analysis |
6.2.2 Maldives Building Construction Market Revenues & Volume, By New Construction, 2021-2031F |
6.2.3 Maldives Building Construction Market Revenues & Volume, By Renovation, 2021-2031F |
6.3 Maldives Building Construction Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Maldives Building Construction Market Revenues & Volume, By Owned, 2021-2031F |
6.3.3 Maldives Building Construction Market Revenues & Volume, By Rental, 2021-2031F |
6.4 Maldives Building Construction Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Maldives Building Construction Market Revenues & Volume, By Private, 2021-2031F |
6.4.3 Maldives Building Construction Market Revenues & Volume, By Public, 2021-2031F |
7 Maldives Building Construction Market Import-Export Trade Statistics |
7.1 Maldives Building Construction Market Export to Major Countries |
7.2 Maldives Building Construction Market Imports from Major Countries |
8 Maldives Building Construction Market Key Performance Indicators |
8.1 Construction permit issuance rate, reflecting the pace of new construction projects. |
8.2 Infrastructure investment as a percentage of GDP, indicating the level of government support for construction. |
8.3 Urban population growth rate, correlating with increased demand for building construction in urban areas. |
8.4 Construction project completion rate, measuring the efficiency and effectiveness of construction projects. |
9 Maldives Building Construction Market - Opportunity Assessment |
9.1 Maldives Building Construction Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Maldives Building Construction Market Opportunity Assessment, By Construction Type, 2021 & 2031F |
9.3 Maldives Building Construction Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Maldives Building Construction Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Maldives Building Construction Market - Competitive Landscape |
10.1 Maldives Building Construction Market Revenue Share, By Companies, 2024 |
10.2 Maldives Building Construction Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |